Ace Hardware-Anchored Shopping
For Sale
Contact for pricing
Pending
3434 W Anthem Way, New River, AZ 85086
Two-building neighborhood center features daily-needs retail tenants and NNN lease structures.
Property Size35,710 SF
Lot Size6.68 Acres
Days on Market145
Property Features for 3434 W Anthem Way
General Information
Standard status
Pending
Size
35,710 SF
Lot size
6.68 Acres
Property subtype
Retail
Occupancy
88%
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Ace Hardware, Coldwell Banker, Pizza Hut, Princess Nails, Shanghai Club
Traffic Count
20,400 vehicles/day
Building Details
Year Built
2003
Buildings
2
Tenancy
Multi
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 31 at 7:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The Shops at Arizona is a fee-simple neighborhood shopping center comprising two buildings and 35,710 SF of retail space on approximately 6.68 acres. Built in 2003, the property is anchored by Ace Hardware and includes tenants such as Coldwell Banker, Pizza Hut, Princess Nails, and Shanghai Club. All tenants occupy NNN leases with pro-rata expense reimbursements. The center is 88% occupied and has a 5.26-year weighted average lease term.
The property sits at the signalized intersection of N. Gavilan Peak Pkwy and W. Anthem Way, where combined traffic is reported at 20,400 vehicles daily. West Anthem Way provides direct access to Black Canyon Fwy/Interstate 17, reported at 61,500 VPD. Across the intersection, Anthem Marketplace is anchored by Safeway. Additional surrounding demand drivers include a 24-hour Walmart Supercenter, Outlets at Anthem, Anthem Commerce Park, and Bela Rosa Apartment Homes, which contains 354 units and is located half a mile from the center.
The property sits at the signalized intersection of N. Gavilan Peak Pkwy and W. Anthem Way, where combined traffic is reported at 20,400 vehicles daily. West Anthem Way provides direct access to Black Canyon Fwy/Interstate 17, reported at 61,500 VPD. Across the intersection, Anthem Marketplace is anchored by Safeway. Additional surrounding demand drivers include a 24-hour Walmart Supercenter, Outlets at Anthem, Anthem Commerce Park, and Bela Rosa Apartment Homes, which contains 354 units and is located half a mile from the center.
Key Highlights
- 35,710 SF neighborhood shopping center on approximately 6.68 acres
- Ace Hardware anchors a two‑building retail center built in 2003
- 88% occupied with a 5.26‑year weighted average lease term
Property Analytics
Current Use
Lease Details
20,400 VPD
Traffic count
88%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85086, AZ
43,223
Population
17,213
Households
2.5
Avg Household Size
45
Median Age
42%
College-Educated
97%
High-School Grad
61.3 sq mi
ZIP Area
705
Density / Sq Mi
$118,543
Median Household Income
$62,626
Median Earnings
$2,177
Median Rent
$554,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Two-building neighborhood center features daily-needs retail tenants and NNN lease structures.
Where is this shopping center located?
The property is located at 3434 W Anthem Way New River, AZ.
What are key features of this property?
This property features: 35,710 SF neighborhood shopping center on approximately 6.68 acres; Ace Hardware anchors a two‑building retail center built in 2003; 88% occupied with a 5.26‑year weighted average lease term
